Neco 2018 Commerce Question 41
Practice objective / multiple choice question 41 from the 2018 Neco Commerce examination.
A trader buys 120 units of a product at \\(\\text{₦}500\\) each. He receives a trade discount of 5\\% on the total invoice. He then adds a markup of 20\\% on the discounted cost to set the selling price per unit. If a customer pays cash and receives a cash discount of 2\\% on the total invoice, what is the cash amount the customer pays?
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About This Question
This is Neco 2018 Commerce Question 41. It is one of the objective questions from the 2018 Neco Commerce examination.
Difficulty level: Easy .
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